U.S. Federal Reserve cuts interest rate by 0.25 points

U.S. Federal Reserve cuts interest rate by 0.25 points

The Federal Reserve cut its key interest rate by a quarter point Wednesday (September 17, 2025) and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labour market. The move is the Fed’s first cut since December and lowered its short-term rate […]

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RBI’s Monetary Policy Committee meet starts amid expectations of yet another rate hike

RBI’s Monetary Policy Committee meet starts amid expectations of yet another rate hike

Representational image only. | Photo Credit: Reuters The Reserve Bank of India’s (RBI) rate-setting panel on April 3 started its three-day meeting amid expectations that the Central bank may go for 25 basis points hike in benchmark interest rate, probably the last in the current monetary tightening cycle that began in May 2022. Reserve Bank […]

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Sensex crosses 60,000 level in early trade; Nifty tests 17,700

Sensex crosses 60,000 level in early trade; Nifty tests 17,700

Representational image only. | Photo Credit: PTI Equity market opened on a strong note on March 6, with the benchmark crossing the 60,000 level and Nifty making strong gains amid positive global cues. BSE Sensex jumped 554.06 points or 0.91% to 60,363.03 points, while the broader NSE Nifty climbed 143.35 points or 0.81% to 17,737.70 […]

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U.S. Fed poised for smaller rate hike with eye on wage growth

U.S. Fed poised for smaller rate hike with eye on wage growth

The U.S. Federal Reserve is poised to slow its interest rate hikes next week. File The U.S. Federal Reserve is poised to slow its interest rate hikes next week, economists say, as central bankers’ most forceful moves in decades to fight inflation ripple through the economy. But the half-point jump analysts expect to see in […]

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India has fairly large forex reserve to deal with current situation: Economic Affairs Secretary

India has fairly large forex reserve to deal with current situation: Economic Affairs Secretary

Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16. Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16. Economic Affairs Secretary Ajay Seth on Tuesday dismissed the concerns over the depletion of forex reserve as “overblown” and said India […]

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U.S. Federal Reserve attacks inflation with its largest rate hike since 1994

U.S. Federal Reserve attacks inflation with its largest rate hike since 1994

The move announced by the U.S. Federal Reserve will raise its benchmark short-term rate to a range of 1.5% to 1.75% The move announced by the U.S. Federal Reserve will raise its benchmark short-term rate to a range of 1.5% to 1.75% The Federal Reserve on Wednesday intensified its drive to tame high inflation by […]

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Europe’s Central Bank to hike interest rates in July amid soaring inflation

Europe’s Central Bank to hike interest rates in July amid soaring inflation

The move underlines concerns about surging consumer prices, which rose by an annual rate of 8.1% in May, the highest since statistics started in 1997. The move underlines concerns about surging consumer prices, which rose by an annual rate of 8.1% in May, the highest since statistics started in 1997. The European Central Bank said […]

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Independent central banks

Independent central banks

“The Economic Consequences of Banking Crises: The Role of Central Banks and Optimal Independence,” Daniel Hansen, May 2022, American Political Science Review, Volume 116, Issue 2, pp. 453 – 469 The independence of central banks from the control of governments has been seen as extremely crucial to achieve economic growth and stability. Economists strongly believe […]

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